Senior Expenses definition
Senior Expenses means amounts due and payable in the following order of priority:
Senior Expenses means any expenses of the Issuer which rank in priority to the Class A Notes in the relevant Priority of Payments.
Senior Expenses means any expenses of the Issuer which rank in priority to the payment of interest on the Class A Notes in the relevant Priorities of Payments.
More Definitions of Senior Expenses
Senior Expenses means fees, expenses and indemnity claims only, to be paid to the Collateral Administrator, the Calculation Agent, the Principal Paying Agent, the Account Bank, the Custodian, the Corporate Services Provider, the Placement Agent, the FX Liquidity Facility Provider, the Collateral Manager and the Rating Agencies.
Senior Expenses means, on any date, an amount, as calculated by the Investment Administrator (based on the information received from the Issuer, the Calculation Agent and/or the Portfolio Manager or in the Investment Administrator's possession for the purposes of the performance of its obligations under the Transaction Documents at such time) on or about the day which is 5 Business Days prior to such date, equal to the aggregate of the following (but only, except for SPV Costs, to the extent payable or accrued due but unpaid on such date):
Senior Expenses means amounts due and payable by the Issuer in the following order of priority, including, where such amounts are payable on a VAT exclusive basis, any VAT thereon (whether payable to the relevant party or the relevant tax authority):
Senior Expenses means those expenses listed as Items First to Fifth (inclusive) in the Pre-Enforcement Series 2 Priority of Payments applicable during the Revolving Period;
Senior Expenses means all fees, costs, charges, expenses, liabilities and other amounts described in paragraphs (1) and (2) of Condition 3.2(a)(v) but excluding any Initial Transaction Costs properly paid from the Funding Account pursuant to Condition 2.7(b)(ii);
Senior Expenses means for any Interest Period, the sum of all fees, costs and expenses or other remuneration and indemnity payments, inclusive of VAT, if applicable, estimated on the relevant Calculation Date by the Cash Manager to be payable by the Issuer on the Interest Payment Date related to such Interest Period in accordance with items 1 and 2 under the Pre–enforcement Interest Priority of Payments and under the Post–Enforcement Priority of Payments. The amount of Senior Expenses payable with respect to any Interest Payment Date will vary to the extent that some are payable on an annual basis while other fees are payable on a quarterly basis and the actual senior expenses may vary from the estimate of Senior Expenses as determined on each Calculation Date and, in respect of any shortfall resulting therefrom in respect of items 1 and 2 under the Pre–Enforcement Interest Priority of Payments and under the Post–Enforcement Priority of Payments, the Cash Manager may make a drawing under the Liquidity Facility Agreement.
Senior Expenses means all liabilities, indemnities, costs, fees and expenses due or owing to the Senior Note Trustee, the Security Trustee or the Senior Paying Agent under the Financing Documents.